Region Ile-de-France readies new euro-denominated sustainable bond deal

Chicago, Jan. 23 – Region Ile-de-France (Aa2//AA-) will be soon in the market with a new euro-denominated sustainable benchmark bond offering, according to a market source.

The bonds are expected to have a long 10-year tenor, due May 25, 2034.

BNP Paribas, BofA Securities, J.P. Morgan and Societe Generale will be joint lead managers.

The issuer is available for one-on-one calls upon request.

Proceeds will be used for eligible projects under the issuer’s green, social and sustainable bond framework with 90% of the funds allocated for green projects.

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